New Accounts Series: Opening Consumer Accounts: Regulations, CDD & Documentation

Feb 21, 2018 03:00pm -
Feb 21, 2018 04:30pm
As we transition to a new online membership platform, CBAO will not be processing online orders from September 21-30. Please call our office at (614) 846.8124 to register for a webinar or an event. Thank you!

A list of upcoming events is presented below:

Event Description

Opening even a basic checking account can involve considerable time, paperwork, and risk!  Every accountholder’s situation is different and there is often uncertainty about account ownership, the required identification, and how to conduct appropriate due diligence.  This session will review account ownership types, including nonresident aliens, use of powers-of-attorney, and minor relationships, and detail the regulations and documentation required for each.  You’ll learn how to incorporate CDD requirements into your account-opening process and the handouts provided will become your playbook for opening consumer deposit accounts.  


  • Documentation for consumer accounts
  • Requirements for enhanced due diligence for nonresident alien accounts
  • Withholding agent responsibilities
  • Options for minor accounts
  • Documents required to ensure proper disbursement of funds when an accountholder dies
  • Overview of new CDD rules

Take-Away Toolkit:

  • List of account opening and due diligence documentation
  • Reference guide illustrating the differences between resident alien and nonresident alien accounts
  • Guide for documentation required when an accountholder dies
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key


Attendance verification for CE credits provided upon request.

Who Should Attend?

This jam-packed session is designed for new accounts personnel, trainers, branch managers, and compliance officers.

Registration Options:

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.

Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Jan 16, 2018.
Regular registration starts on Jan 17, 2018 and ends on Feb 21, 2018.
Late registration starts on Feb 22, 2018.
(GMT-05:00) Eastern Time (US & Canada)


Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 Recorded Webinar + Free Digital Download
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live Webinar and Recorded Webinar + Free Digital Download
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00